Robotic Vacuum Cleaners Global Market Report 2020-30: Covid 19 Growth and Change
May 2020
200
About the Report
About the Report
Major players in the robotic vacuum cleaners market are Dyson Ltd., ECOVACS Robotics Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., Neato Robotics, Miele & Cie. KG, and iRobot Corporation.
The global robotic vacuum cleaners market is expected decline from USD 4.62 billion in 2019 to USD 4.50 billion in 2020 at a compound annual growth rate (CAGR) of -2.74%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 6.40 billion in 2023 at CAGR of 12.47%.
The robotic vacuum cleaners market consists of sales of robotic vacuum cleaners and related services. It can clean floors, windows, pools and gardens efficiently without any human effort. Robotic vacuum cleaners or Robovac are home appliances, designed to clean our homes autonomously without human intervention. They are fully automated and artificial intelligence powered with various sensors and scheduling programs.
Asia Pacific was the largest region in robotic vacuum cleaners market in 2019. It is also expected to be the fastest growing region in the forecast period.
The high cost of robotic vacuum cleaners is expected to limit the growth of the robotic vacuum cleaners market. Robotic vacuum cleaners are costly and causes potential consumers to think twice before they invest in them. For instance, in 2019, in the USA, iRobot's newly launched robotic vacuum cleaner Roombas are extremely expensive such as Roomba i7 priced at USD 1,099 and Roomba S9+ priced at USD 1,299. These factors are expected to have a negative impact on the robotic vacuum cleaners' market as high cost causes consumers to think twice, affecting the market's growth.
The robotic vacuum cleaners market covered in this report is segmented by type into robotic floor vacuum cleaner , robotic pool vacuum cleaner and by end-users into residential, commercial.
Companies are launching new products in order to increase their revenue and also for gaining a competitive edge over their rivals. For instance, in 2019, in the USA, iRobot Corporation, a leading advanced robotic vacuum technology company, launched its advanced robotic vacuum cleaner, Roomba s9+ and also launched its advanced robotic mop Braava jet m6 mopping robot, that complements cleaning with mopping. These robots can talk to each other with in-built imprint link technology for vacuuming and mopping autonomously without any human effort.
Rising investments for developing new technologies in robotic vacuum cleaners is contributing to the growth of the robotic vacuum cleaners market. The rising investments for innovations in hardware and software technologies, such as sensors and decision-making capabilities helps robotic vacuum cleaners in doing household tasks and also helps consumers to save time thereby attracting the customers to purchase robotic vacuum cleaners for household chores. For instance, in 2019, in the UK, the government invested GBP12 million (USD 16 million) for developing new technologies in robots that performs household tasks. It lead to partnership between Imperial College and Dyson, a robotic vacuum cleaner manufacturer for creating nextgen household products to complete household chores. Also, for instance, in 2020, in the USA, private companies such as Yidu Cloud, Tsinghua AI Fund and Matrix Partners invested USD 15 million in Trifo, into its AI-home robots vacuum in the hardware and software development for expanding in the U.S. and European markets. Rising investments and support from government thereby contributes to the growth of the market.
Products
Products
1) By Type: Robotic Floor Vacuum Cleaner; Robotic Pool Vacuum Cleaner 2) By End-Users: Residential; Commercial
Companies
Dyson Ltd.; ECOVACS Robotics Co. Ltd.; Koninklijke Philips NV; LG Electronics Inc.; Panasonic Corp.; Samsung Electronics Co. Ltd.; Sharp Corp.; Neato Robotics; Miele & Cie. KG; iRobot Corporation; Proscenic; Matsutek Enterprises Co. Ltd; Maytronics Ltd.; Metapo, Inc; Hayward Industries, Inc.; ILIFE Robotics Technology; Vorwerk & Co. KG; Proscenic; Kevac SRL; Robert Bosch GmbH; Bissell Inc.; Haier Electronics Group Co Ltd; Taurus Group; Groupe Seb Deutschland Gmbh; Pentair plc; bObsweep Inc.; Yujin Robots Co., Ltd.; AB Electrolux; Mamibot; FunrobotMSI); YujinRobot
Table of Contents
Table of Contents
1. Executive Summary
2. Robotic Vacuum Cleaners Market Characteristics
3. Robotic Vacuum Cleaners Market Size And Growth
3.1. Global Robotic Vacuum Cleaners Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Robotic Vacuum Cleaners Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Robotic Vacuum Cleaners Market Segmentation
4.1. Global Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Robotic Floor Vacuum Cleaner
Robotic Pool Vacuum Cleaner
4.2. Global Robotic Vacuum Cleaners Market, Segmentation By End-Users, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Residential
Commercial
5. Robotic Vacuum Cleaners Market Regional And Country Analysis
5.1. Global Robotic Vacuum Cleaners Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Robotic Vacuum Cleaners Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Robotic Vacuum Cleaners Market
6.1. Asia-Pacific Robotic Vacuum Cleaners Market Overview
6.2. Asia-Pacific Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Robotic Vacuum Cleaners Market
7.1. China Robotic Vacuum Cleaners Market Overview
7.2. China Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Robotic Vacuum Cleaners Market
8.1. India Robotic Vacuum Cleaners Market Overview
8.2. India Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Robotic Vacuum Cleaners Market
9.1. Japan Robotic Vacuum Cleaners Market Overview
9.2. Japan Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Robotic Vacuum Cleaners Market
10.1. Australia Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Robotic Vacuum Cleaners Market
11.1. Indonesia Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Robotic Vacuum Cleaners Market
12.1. South Korea Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Robotic Vacuum Cleaners Market
13.1. Western Europe Robotic Vacuum Cleaners Market Overview
13.2. Western Europe Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Robotic Vacuum Cleaners Market
14.1. UK Robotic Vacuum Cleaners Market Overview
14.2. UK Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Robotic Vacuum Cleaners Market
15.1. Germany Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Robotic Vacuum Cleaners Market
16.3. France Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Robotic Vacuum Cleaners Market
17.1. Eastern Europe Robotic Vacuum Cleaners Market Overview
17.2. Eastern Europe Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Robotic Vacuum Cleaners Market
18.1. Russia Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Robotic Vacuum Cleaners Market
19.1. North America Robotic Vacuum Cleaners Market Overview
19.2. North America Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Robotic Vacuum Cleaners Market
20.1. USA Robotic Vacuum Cleaners Market Overview
20.2. USA Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Robotic Vacuum Cleaners Market
21.1. South America Robotic Vacuum Cleaners Market Overview
21.2. South America Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Robotic Vacuum Cleaners Market
22.1. Brazil Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Robotic Vacuum Cleaners Market
23.1. Middle East Robotic Vacuum Cleaners Market Overview
23.2. Middle East Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Robotic Vacuum Cleaners Market
24.1. Africa Robotic Vacuum Cleaners Market Overview
24.2. Africa Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Robotic Vacuum Cleaners Market Competitive Landscape And Company Profiles
25.1. Robotic Vacuum Cleaners Market Competitive Landscape
25.2. Robotic Vacuum Cleaners Market Company Profiles
25.2.1. Dyson Ltd.
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. ECOVACS Robotics Co. Ltd.
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Koninklijke Philips NV
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. LG Electronics Inc.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Panasonic Corp.
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Robotic Vacuum Cleaners Market
27. Robotic Vacuum Cleaners Market Trends And Strategies
28. Robotic Vacuum Cleaners Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Robotic Vacuum Cleaners Market, Segmentation By End-Users, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Robotic Vacuum Cleaners Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Global Robotic Vacuum Cleaners Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: Asia-Pacific, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: China, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: India, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Japan, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Australia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: Indonesia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: South Korea, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: Western Europe, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: UK, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: Germany, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: France, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Eastern Europe, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: Russia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: North America, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: USA, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: South America, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Brazil, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Middle East, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Africa, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 26: Dyson Ltd. Financial Performance
Figure 27: ECOVACS Robotics Co. Ltd. Financial Performance
Figure 28: Koninklijke Philips NV Financial Performance
Figure 29: LG Electronics Inc. Financial Performance
Figure 30: Panasonic Corp. Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Robotic Vacuum Cleaners Market, Segmentation By End-Users, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Robotic Vacuum Cleaners Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Global Robotic Vacuum Cleaners Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: Asia-Pacific, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: China, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: India, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Japan, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Australia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: Indonesia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: South Korea, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: Western Europe, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: UK, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: Germany, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: France, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Eastern Europe, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: Russia, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: North America, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: USA, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: South America, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Brazil, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Middle East, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Africa, Robotic Vacuum Cleaners Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 26: Dyson Ltd. Financial Performance
Table 27: ECOVACS Robotics Co. Ltd. Financial Performance
Table 28: Koninklijke Philips NV Financial Performance
Table 29: LG Electronics Inc. Financial Performance
Table 30: Panasonic Corp. Financial Performance
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